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The Petroleum Licensing (Production) (Seaward Areas) Regulations 2008

Status:

This is the original version (as it was originally made).

  1. Introductory Text

  2. 1.Citation, commencement and interpretation

  3. 2.Model clauses

  4. Signature

    1. SCHEDULE

      MODEL CLAUSES FOR SEAWARD AREA PRODUCTION LICENCES

      1. 1.Interpretation, etc.

      2. 2.Grant of Licence

      3. 3.Term of Licence

      4. 4.Initial Term

      5. 5.Surrender during Initial Term (“Frontier” licences)

      6. 6.Option to continue licence into a Second Term

      7. 7.Extension of the Initial or Second Term

      8. 8.Option to continue the Licence into a Third Term

      9. 9.Power further to extend term of Licence

      10. 10.Right of Licensee to determine Licence or surrender part of Licensed Area

      11. 11.Areas surrendered

      12. 12.Payment of consideration for Licence

      13. 13.Provision of contact details to Minister

      14. 14.Measurement of Petroleum obtained from the Licensed Area

      15. 15.Keeping of accounts

      16. 16.Working obligations

      17. 17.Development and production programmes

      18. 18.Provisions supplementary to clause 17

      19. 19.Commencement and abandonment and plugging of Wells

      20. 20.Distance of Wells from boundaries of Licensed Area

      21. 21.Control of Development Wells

      22. 22.Provision of storage tanks, pipes, pipelines or other receptacles

      23. 23.Avoidance of harmful methods of working

      24. 24.Appointment of operators

      25. 25.Fishing and navigation

      26. 26.Training

      27. 27.Unit development

      28. 28.Directions as to Oil Fields across boundaries

      29. 29.Licensee to keep records

      30. 30.Returns

      31. 31.Licensee to keep samples

      32. 32.Reports to be treated as confidential

      33. 33.Inspection of records etc.

      34. 34.Rights of access

      35. 35.Power to execute works

      36. 36.Right of distress

      37. 37.Diligence

      38. 38.Indemnity against third party claims

      39. 39.Advertisements, prospectuses etc.

      40. 40.Restrictions on assignment, etc.

      41. 41.Power of revocation

      42. 42.Power of partial revocation

      43. 43.Arbitration

      44. 44.Ministry of Defence

      45. 45.Relationship with fishing industry

  6. Explanatory Note

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